⏱ 2 min read
Benjamin Cantey, a 43-year-old Cincinnati man, has been sentenced to 40 months in federal prison for running a $6.5 million wire fraud scheme. From 2019 to 2022, Cantey lied to investors about his online laundry and dry-cleaning pickup and delivery business, exaggerating its financial stability and growth. He used the money to fund a lavish lifestyle, including buying a $1.7 million home.
Cantey’s company, Carbon IQ Inc., doing business as Rumby, was a Delaware corporation operated out of Cincinnati. He claimed the company had a $1.5 million bank balance in May 2022, when in reality it had a negative balance of approximately $53,000. Cantey spent $850,000 of investor money on a 5,000-square-foot home on Garden Place in Cincinnati.
Cantey was indicted in December 2024 and pleaded guilty to wire fraud in October 2025. He was sentenced by U.S. District Judge Matthew W. McFarland. The case was investigated by the Federal Bureau of Investigation (FBI) and prosecuted by Assistant United States Attorney Matthew C. Singer.
The sentence is a result of a joint effort by the FBI and the U.S. Attorney’s Office for the Southern District of Ohio to combat white-collar crime in the region. The investigation and prosecution of Cantey’s case demonstrate the commitment to holding individuals accountable for fraudulent activities.
📋 Key Facts
- Crime: Fraud & Financial Crimes
- Defendant: Ohio
- Location: OH
- Source: DOJ Press Release
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